Book Image

NetSuite ERP for Administrators

By : Anthony Bickof
Book Image

NetSuite ERP for Administrators

By: Anthony Bickof

Overview of this book

NetSuite ERP is a complete, scalable cloud ERP solution targeted at fast-growing, mid-sized businesses and large enterprises. It's the smartly executed combination of financial management operations and built-in business intelligence, which enables companies to make data-driven and well-informed decisions. This book will help administrators become expert enough to be seen as the NetSuite leader at their company and to be able to advise department heads on specific processes, and strategic decisions. We start with an overview of ERP and NetSuite ERP, before going on to explain the built-in features to show the breadth of NetSuite ERP's product and its ease of use. We then discuss business aspects, focusing on the most important processes in NetSuite. Then you'll understand the implementation aspects that are generic enough to cover all the features. The focus then shifts to specific skills that you will need to administer for any system, such as roles, permissions, customization, and data imports. Moving on, you'll learn how to centralize the creation of search templates and give users the tools to pivot the data and expose it to the user in useful ways, such as on the dashboard. The book ends with checklists providing actionable steps that you as an administrator can take to do your job and support the application through new releases and troubleshooting problems.
Table of Contents (21 chapters)
Title Page
Copyright and Credits
Packt Upsell

Procure-to-pay process

We will start by looking at a simple process to purchase items that we intend to sell. The process starts with an employee entering a purchase request. The purchase request specifies the vendor and the items, as well as the quantity of those items to be purchased. Being a purchase request, it requires the approval of a manager in order to be transformed into a valid purchase order. The purchase order is then sent to the vendor, which the vendor fulfills by sending the items to our warehouse. The warehouse manager receives the order and places the items in stock.

It is up to the accountant to enter the bill into NetSuite, however, the bill has the same details as the purchase order, so the accountant will simply transform the purchase order into a bill at the click of a button. The Accounts Payable (AP) Clerk will now recognize which bill is required to be paid in accordance with the terms with that vendor. The AP Clerk will then wait until the bill is due and pay the...